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ASIC ASIC Business Segments — Benefits, Losses and Expenses

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Other financials

Income statement

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Revenue$129.0M+55.2%
Net income$25.5M+201%
EPS (diluted)$0.51+155%

Balance sheet

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Cash & equivalents$47.5M+22.0%
Total debt$2.0M
Total equity$631.0M+47.7%
Total assets$1.5B

Cash flow

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Operating cash flow$42.0M+101%
CapEx$899.0K+3,496%
Free cash flow$41.1M+96.5%

Valuation

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Market cap$1.03B-2.5%
Enterprise value$983.33M-5.0%
P/E11.3×-6.2×
P/S2.2×-0.6×

Profitability

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Net margin19.4%+5.7pp
FCF margin32.8%

Returns & leverage

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Return on equity17.2%+4.6pp
Debt / equity

Where this comes from

Reported directly by ASIC in its filing.

Tagged under the XBRL concept us-gaap:BenefitsLossesAndExpenses.

The official record: ASIC’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ASIC's business segments — benefits, losses and expenses?
ASIC (ASIC) reported business segments — benefits, losses and expenses of $94.74M in Q1 2026.
How has ASIC's business segments — benefits, losses and expenses changed year-over-year?
ASIC's business segments — benefits, losses and expenses increased by 30.8% year-over-year, from $72.43M to $94.74M.
What does business segments — benefits, losses and expenses mean?
This represents the total aggregate costs associated with the reportable segment, including insurance claims, loss adjustment expenses, policy acquisition costs, and general operating expenses. It serves as a comprehensive measure of the segment's cost structure relative to its underwriting activities. Tracking this metric is essential for evaluating the overall underwriting profitability and operational discipline of the business unit.